Keep pulling the thread on David Solomon.
Market expectations are for one or two U.S. policy rate cuts in 2026.
A significant capital investment boom is currently underway, driven by the build-out of AI infrastructure.
Europe's economy is approximately $20 trillion with a population of 450 million and trend growth below 1%, while the U.S. economy is $30 trillion with 330 million people and 2% trend growth.
David Solomon predicts that 2026 could be one of the best years ever for M&A activity, barring a major exogenous event.
Goldman Sachs has exited its digital consumer banking business to refocus on its core strengths in global banking, markets, asset management, and wealth management.
Since the end of 2019, Goldman Sachs has grown its annual revenues from $36.5 billion to approximately $60 billion, increased earnings by 120%, and expanded its market capitalization from $70 billion to $300 billion.
In 2025, the U.S. policy rate was reduced by 100 basis points.
The United States possesses structural growth advantages over other large economies like Europe and China.
Chinese equity markets have increased by approximately 60% to 80% since early 2025.
Despite a strong rebound in its equity markets, China's broader economy remains sluggish.
Only 11% of Europe's Draghi plan for economic reform has been implemented to date.
David Solomon expects the IPO market to continue improving in 2026, with more private equity portfolio companies and large private tech companies considering public listings.